How do I improve my confidence in trading? 3-4 years self learned trader. don't use indicators trading on rules, concepts and price action/ naked charts.I want to gain confidence in trading, Just suggest if I need mentor.

How do I improve my confidence in trading? 3-4 years self learned trader. don't use indicators trading on rules, concepts and price action/ naked charts.I want to gain confidence in trading, Just suggest if I need mentor.

Confidence is not “I will make money today”

Confidence is taking 4 losses in a row and still being ready to take the 5th trade with the same strategy and mindset.

Trading is about probabilities, not perfection.

I receive so many messages regarding lack of confidence when trading.

To be completely honest, confidence when trading is not jumping on the charts and telling yourself “I am going to make money today” or shouting affirmations in the mirror and taking cold showers.

Confidence comes down with experience. But.

There is one thing you can do to instantly improve your confidence when trading.

It involves understanding one key factor of your trading strategy.

The number one factor that will instantly improve your confidence in the markets is knowing the win percentage of your trading strategy.

To do this, you are going to need to :

• Back test your trading strategy using historical price data.
• Tracking the results in trading journal.
• Then determine the win percentage.
• Then making slight adjustments to improve the results.